Protecting Americans’ Savings Act of 2022
Summary
Protecting Americans' Savings Act of 2022 This bill directs the Department of the Treasury to report on the effects of inflation on the value of individuals' savings and the feasibility of raising the current individual limit on inflation-protected Treasury Series I Savings bonds. (Currently, there is an annual purchase limit of $10,000 for electronic bonds and $5,000 for paper bonds.)
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 9, 2022
Last action Mar 9, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 9, 2022
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Mar 9, 2022
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alexander X. Mooney
RRepublican
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